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Newbury Plaza 65 Wolf Rd 3,225 SF of Office/Medical Space Available in Colonie, NY 12205
Highlights
- Highly visible location
- Adjacent to Trader Joes with easy access
- Interior access to Colonie Center
- Located along CDTA bus route.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,225 SF | Negotiable | $41.09 CAD/SF/YR $3.42 CAD/SF/MO $132,519 CAD/YR $11,043 CAD/MO | Triple Net (NNN) |
1st Floor
First-floor office/medical space totaling 3,225 SF. Fully built out as retail office space with an open floor plan. Lease is structured as triple net with CAM charges of $9.59/SF. Base rent is $30/SF. Located along Wolf Road in Albany’s primary commercial corridor with immediate access to major roadways, retail, dining, and service amenities.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air and Heating
- Natural Light
- Open-Plan
- Highly visible location
- Interior access to Colonie Center
- Adjacent to Trader Joes with easy access
- Located along CDTA bus route.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Newbury Plaza
- Tenant
- Description
- US Locations
- Reach
- Chemung Canal Trust
- Bank
- 35
- National
- Eyemart Express
- Optical
- 307
- National
- Fashion Nail Hl
- Salon/Barber/Spa
- 1
- -
- Milan Laser Hair Removal
- Salon/Barber/Spa
- 373
- National
- Nail'd It
- Services
- 1
- -
- Panera Bread
- Bakery
- 2,842
- International
| Tenant | Description | US Locations | Reach |
| Chemung Canal Trust | Bank | 35 | National |
| Eyemart Express | Optical | 307 | National |
| Fashion Nail Hl | Salon/Barber/Spa | 1 | - |
| Milan Laser Hair Removal | Salon/Barber/Spa | 373 | National |
| Nail'd It | Services | 1 | - |
| Panera Bread | Bakery | 2,842 | International |
Property Facts
| Total Space Available | 3,225 SF | Total Land Area | 2.30 AC |
| Property Type | Retail | Year Built | 2008 |
| Gross Leasable Area | 19,146 SF | Parking Ratio | 4.7/1,000 SF |
| Total Space Available | 3,225 SF |
| Property Type | Retail |
| Gross Leasable Area | 19,146 SF |
| Total Land Area | 2.30 AC |
| Year Built | 2008 |
| Parking Ratio | 4.7/1,000 SF |
Features and Amenities
- Bus Line
- Signage
Nearby Major Retailers
Presented by
Newbury Plaza | 65 Wolf Rd
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